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4.6
Remuneration of the Directors and the Key Managerial Personnel
4.6.1 Remuneration to the Managing Directors and Whole-time Directors
(
`
)
No. Particulars
S S Lalbhai
1
S A Lalbhai B N Mohanan T R Gopi Kannan
2
Total
amount
1.
Gross salary
Salary as per provisions
under Section 17(1) of the
TŠČūŞĚ ¹îNJ Čƥȡ ǧǯǬǧ
3
3,34,24,350 1,03,19,256 1,02,48,500
1,38,18,052 6,78,10,158
Value of perquisites under
Section 17(2) of the Income
¹îNJ Čƥȡ ǧǯǬǧ
1,55,044 1,74,856
8,33,567
69,600 12,33,067
¡ƑūǛƥƙ ĿŠ ŕĿĚƭ ūlj ƙîŕîƑNj ƭŠēĚƑ
Section 17(3) of the Income
¹îNJ Čƥȡ ǧǯǬǧ
-
-
-
-
-
2.
Stock option
-
-
-
-
-
3.
Sweat equity
-
-
-
-
-
4.
Commission
6,73,45,100
4
1,43,70,690
5
-
- 8,17,15,790
5.
Variable pay
-
-
19,07,000
24,58,000 43,65,000
6.
Others
-
-
-
-
-
7.
Total (A)
10,09,24,494 2,48,64,802 1,29,89,067
1,63,45,652 15,51,24,015
8.
Overall ceiling as per the Act
67,34,51,000
1
CMD (CEO)
2
WtD (CFO)
3
/NJČŕƭēĿŠij ČūŞŞĿƙƙĿūŠ îŠē DŽîƑĿîċŕĚ ƎîNj
4
ǧɼ ūlj ƎƑūǛƥ ȳ
`
6,73,45,100) or 60 months basic salary (
`
8,60,22,000), whichever is lower.
5
ǦȦǫǦɼ ūlj ƎƑūǛƥ ȳ
`
3,36,72,550) or 30 months basic salary (
`
1,43,70,690), whichever is lower.
4.6.2 Remuneration to the other Directors
(
`
)
No.
Particulars
R A Shah S S Baijal B S Mehta H S Shah S M Datta V S Rangan M M Chitale S A Panse B R Arora Total amount
1.
sūŠȹĚNJĚČƭƥĿDŽĚ
Independent Directors
a) Fee for attending the
Board, Committee and
other meetings
- 4,90,000 3,85,000 75,000 2,80,000 3,50,000 3,50,000 2,10,000 3,70,000 25,10,000
b) Commission
- 15,30,000 14,40,000 2,93,000 10,80,000 12,60,000 13,50,000 9,90,000 13,50,000 92,93,000
Total 1
- 20,20,000 18,25,000 3,68,000 13,60,000 16,10,000 17,00,000 12,00,000 17,20,000 1,18,03,000
2.
sūŠȹĚNJĚČƭƥĿDŽĚ
Non-independent Directors
a) Fee for attending the
Board, Committee and
other meetings
3,50,000
-
-
-
-
-
-
-
-
3,50,000
b) Commission
8,78,000
-
-
-
-
-
-
-
-
8,78,000
Total 2
12,28,000
-
-
-
-
-
-
-
-
12,28,000
¹ūƥîŕ ȳ ȴ ɨ ȳǧɤǨȴ
12,28,000 20,20,000 18,25,000 3,68,000 13,60,000 16,10,000 17,00,000 12,00,000 17,20,000 1,30,31,000
¹ūƥîŕ ŞîŠîijĚƑĿîŕ ƑĚŞƭŠĚƑîƥĿūŠ ȳ ɤ ȴ
16,81,55,015
Overall ceiling as per the Act
74,07,96,100
Corporate Overview 01-22
Statutory Reports 23-105
Financial Statements 107-250
50
Atul Ltd | Annual Report 2018-19